Alex Svetlakou Facilitates $8M Sale Of Development Site In Sheepshead Bay, Brooklyn

The development site located at 1667 Sheepshead Bay Road in Sheepshead Bay, Brooklyn, was recently sold for $8,000,000. Spanning 10,000 square feet, the property was sold at a price per square foot of $800.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $8,000,000
• Address: 1667 Sheepshead Bay Road
• Market: Sheepshead Bay, Brooklyn
• Square Footage: 10,000
• Broker: Alex Svetlakou - Ripco

Alex Svetlakou from Ripco facilitated the transaction as the broker representing the parties involved in the sale of the development site.